Risk - Law Dictionary Search Results
speculate
matter about which insufficient evidence has been presented in reaching its verdict. 2 : to assume a business risk in hope of gain ;esp : to buy or sell in expectation of profiting from market fluctuations vt
speculation
speculation : an act or instance of speculating: as a : assumption of unusual business risk in hopes of obtaining commensurate gain b : a transaction involving such speculation
sub-prime loan
to used to describe loans with less stringent lending and underwriting terms and conditions. Due to the higher risk, sub-prime loans charge higher interest rates and fees. Source: U.S. Department of Housing and Urban Development
Keep your definitions linked to case research
entrepreneurial
of or pertaining to an entrepreneur or entrepreneurship as entrepreneurial risks
Re-insurance or Re-assurance
Re-insurance or Re-assurance, a contract by which a first insurer relieves himself from the risks which he has undertaken, and devolves them upon other insurers, called re-insurers or re-assurers.
Motor cycle
licence can be obtained at sixteen, but a driving test must be passed and also insurance against third-party risks must be taken out; for offences, etc., see, generally, the Act. It means a two-wheeled motor vehicle, inclusive
Joint venture
or an association of persons or companies jointly undertaking some commercial enterprise wherein all contribute assets and share risks. It requires a community of interest in the performance of the subject-matter, a right to direct and govern
In all
underlying legislative purpose of the provisions contained in Chap. VIII of the Act which deals with third party risks. That is a sensitive process which has to accommodate the claims of the society as reflected in that
Bicycles
also a degree of physical fitness. The minimum age is now 16. Regarding the compulsory insurance of third-party risks, and the pertinent regulations concerning motor cycles and offences in regard to driving, especially reckless, dangerous, or careless
Actual value
Aluminium Corporation of India v. Union of India, (1983) 3 SCC 300: AIR 1983 SC 751 (752). [Emergency Risks (Factories) Insurance Act, 1962, s. 3]
Try the research workspace - 7 days free